Steppe Cement (LON:STCM) Shares Cross Above 50-Day Moving Average – Should You Sell?

Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 20.52 and traded as high as GBX 21. Steppe Cement shares last traded at GBX 21, with a volume of 30,091 shares.

Steppe Cement Price Performance

The company has a market cap of £43.58 million, a P/E ratio of 13.18 and a beta of 0.70. The company has a fifty day simple moving average of GBX 20.49 and a 200-day simple moving average of GBX 19.76. The company has a debt-to-equity ratio of 4.55, a current ratio of 2.12 and a quick ratio of 1.63.

About Steppe Cement

(Get Free Report)

Steppe Cement Ltd., an investment holding company, engages in the production and sale of cement and clinkers in Kazakhstan. It also provides consultancy services; and transmission and distribution of electricity. The company was incorporated in 2004 and is based in Kuala Lumpur, Malaysia.

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